Let's buy this silver! This site—one of the few social media outlets for information any longer about Bard Ventures Ltd. and the Lone Pine Property—will hopefully augment the lack of property information elsewhere for us. The Lone Pine property is located about 8 kilometers northwest of Houston, British Columbia, Canada. SILVER COUNTRY! The property has some of the best silver and gold drill hole intercepts in the province, but news and details about the property are obscure. It appears to me there is some fear this cash cow might find another home in exchange for a handfull of beans! It also seems to me it is a great buyout target for us. A buyout would be cheap, considering the share price is 13 pennies and the company only has about 11 million shares issued.
2 orebodies are located on the property—one of molybdenum, rhenium, gold and silver with PEA of 163,000,000 tonnes; and another with outstanding silver and gold intercepts—perhaps among the greatest in the province—and accompanying molydenum, rhenium and copper. Infastructure that surpasses all others, too. Some details follow:
(1) The Alaskite Zone is located approximately 1 km from the Transcanada highway, which transects the south sector of the Lone Pine property. The highway joins the towns of Houston (railway 15 km distant) and Smithers, each about a half-hour drive from the property. These towns support several large porphyry mines with supplies and lodging. Houston also has an airport about 5 km from the property, which supports small jet aircraft: Smithers has a large airport that supports larger aircraft. A gasline and hightension power line are located nearby and a large water source is also located on the property.
Alaskite Zone orebody:
163,000,000 tonnes of open pit ore at a grade of 0.069% Molybdenum, 0.034% Copper, 0.6 gms Silver per tonne. With completed PEA (Preliminary Economic Assessment). I believe the grade would be slightly greater if the inferred grade category was considered.
Drill intercepts examples:
Drill Hole BD-08-25: 730.90 metres @ 0.10% Molybdenum/0.15 grams per tonne Rhenium
Drill Hole BD-08-35: 753.74 metres @ 0.10% Molybdenum/0.14 grams per tonne Rhenium
Note: These are vertical holes! Half a mile straight down!
I believe bulk sample assays of the Alaskite Zone ore will show recoverable values of gold and greater amounts of silver, because this was indicated by some exploration prior to Bard’s. I also believe this deposit could be similar to the Climax molybdenum deposit, which was shaped like an hourglass and the surface deposit was merely the top of another large, conjoinded deposit at depth.
(2) The Quartz Breccia Zone is located on the property and 1 km north of the above Alaskite Zone. It is accessed by several good gravel roads and has at least a couple drill sites already prepared for drilling. Around a dozen holes by Bard outlined a block, which in my back-of-envelope-rough-estimation would contain approximately 40,000,000 tonnes already. It appears to be open on all sides and to depth, dipping toward the Alaskite Zone to the southwest. The last exploration performed on the property—a soil analysis survey in 2015 at the westerly area—indicated the top of the large area of mineralization also continues to the north-northwest, the direction of some prepared drill sites!(?) Why the drills were moved elsewhere...hmmm...another peculiarity.
Quartz Breccia Zone particulars:
214.70 metres @ 70.49 grams per tonne silver
132.00 metres @ 28.86 grams per tonne silver
176.00 metres @ 19.05 grams per tonne silver
188.00 metres @ 0.54 grams per tonne gold
86.00 metres @ 0.19 grams per tonne gold
47.80 metres @ 0.50 grams per tonne gold
58.00 metres @ 0.32 grams per tonne gold
6.3 metres @ 1,483.83 silver
Base metals in these same diamond drill holes at the Quartz Breccia Zone:
108.3 metres @ 0.090% molybdenum
104.0 metres @ 0.061% molybdenum
117.4 metres @ 0.090% molybdenum
186.0 metres @ 0.11% copper
Remember the Equity Silver Mine located about 35 km southeast of this property. It was the largest silver mine in the northern hemisphere!
I’m hoping Mr. Neumeyer reads this post—takes a look at this great opportunity—and buys this cash cow for a handfull of beans and makes us some more money.
Much thanks to my son for the technical info.